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VALUEDRIVE TECHNOLOGIES PRIVATE LIMITED

 

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StartupFounded in 201550-200 EmployeesAutomobile

Gurgaon

AboutValuedrive Technologies Private Limited

Spinny is a tech powered new age used car buying platform in India. By establishing absolute trust & simplicity in transactions, we are bringing radical change to the way people buy used cars. We follow a full-stack business model to offer Value, Transparency and Simplicity to our customers. Our goal is to help our customers buy a car which matches with their aspiration.

We present our customers fully inspected high quality cars, while making sure the overall process is completely transparent and seamless. Every Spinny car must pass a 200-Point rigorous quality check and comes with a 5-Day no questions asked money-back guarantee. Our customers can shortlist a car of their choice from our online platform, and then can visit our physical car hubs for a no obligation test drive. Right selection, adequate assortment, fair & scientific pricing, and assistance in decision making are the core pillars of our business model.

We are on a mission to build Spinny as the most loved and trustworthy brand of India, and believe technology has to play a big role in achieving this. Do reach out to us to explore potential opportunities to collaborate if you share our passion.

Why you should work withValuedrive Technologies Private Limited



One of the key differentiating factors of Spinny is that its price engine, which works on a proprietary neural network-based algorithm, determines the correct price of the car. Nobody is left with a feeling of having landed a raw deal as the entire process is automated. In addition, Spinny also takes care of all the paperwork, from registration to title transfers as well as assisting buyers in financing their purchase.


Background and key team members: Spinny was founded by Niraj Singh, Mohit Gupta, and Ramanshu Mahaur in 2015 and since then we have taken strong steps in building a business model that is niche and offers the best sustainability to all. We are backed and funded by Accel Partners and Saif Partners & business operations is highly profitable month on month. We recently closed our series A funding by Accel and Saif. We have onboarded some of key core members from Flipkart, Airtel, Zostel, Jabong, and Accenture & we are hiring rapidly to expand our business.

Future Plan: Spinny aspires to acquire four to five percent of the used car market share by 2020 and envisions cementing its market leadership position slowly but steadily. With Spinny, true convenience, complete transparency and supreme satisfaction for all is now a reality in the pre-owned car market.


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